benefits of starting a business right now

What Are the Benefits of Starting a Business Right Now?

There is a lot of negative news out there. Unemployment is still high. Small businesses are still struggling. It’s important to focus on the positives, and there are some positives out there for people that want to start a business. Despite economic uncertainty and an unchecked…

entrepreneurism during a recession

How Can You Start or Grow a Business Right Now?

On this episode of #TheMoneyFactor, CEO Ian Varley and digital marketing specialist Kelly Elson discuss small business entrepreneurship during recessionary times. How can you grow or start a business right now? Why Start a Business or Grow a Small Business Right Now? So, Kelly, you see…

invoice factoring broker role

Building Your Business Credit

Having strong business credit can open more doors for your business when it comes to selling on credit terms with other businesses, but also business credit will affect your access to working capital. Financial institutions like banks or online lenders will evaluate your business credit when…

How Freight Bill Factoring Gets You Paid Faster

How to Factor Your Freight Bills

If you’re not currently factoring you’ve probably got some questions on the process. It’s simple. First of all, complete our startup kit and submit that to us with the supporting documents that we need. We can typically get you approved the same day or the very…

Invoice finance

Small Business Invoice Financing

When small businesses are looking for cash, one overlooked option is invoice financing. This is a cash flow tool that leverages your invoices as collateral. Essentially, you turn your open receivables into immediate capital that you can use for supplies, payroll, or other business costs to…

Can You Qualify for Long-Term Business Financing?

Long-term financing right now is a challenge for many people, but there’s some good news out there. We’re seeing a lot of inquiries where people have taken out two or three different online loans. They’ve stacked them so to speak, but they have great receivables and…

Why Is Factoring Perfect for Janitorial Companies?

So, why is factoring particularly a good fit for janitorial companies? There are a number of reasons. The janitorial company is going to have that classic cash flow gap. What do I mean by that? Well, you have to buy supplies, cleaning supplies, not only that…

survive recession

3 Ways to Survive Recession as a Small Business

It’s no secret the economy is in recession. Small businesses are closing in waves. There is waning hope for additional government funding to support small business. How can you make it through with your small business intact? There are three main steps you should take to…

invoice factoring solutions

Why Invoice Factoring Can Help Your Small Business

Starting and establishing a business and a client base is no small feat, but keeping it running while you wait for said clients to pay their bills is a challenge in and of itself. You’ve got employees to pay, products to make, and services to offer,…